Elizabethtown Independent
September 15, 2014 5:15 PM
Special Hearing Regarding Proposed Property Tax Rates for 2014-2015
I. CALL TO ORDER
II. RECEIVE PUBLIC INPUT REGARDING THE PROPOSED PROPERTY TAX RATES FOR 2014-2015
Rationale

Remarks Prior To Public Hearing

Superintendent Comments

The purpose of this hearing is to receive any comments from the public in regard to the proposed

2014-15 tax levy for Elizabethtown Schools. The proposed tax levy is:

Real Estate

General Purposes

(including exonerations allowance) $0.615 (cents)

Building Fund $0.110(cents)

Total Property Tax Levy $0.725 (cents)

Personal Property

General Purposes

(including exonerations allowance) $0.615(cents)

Building Fund $0.110 (cents)

Total Property Tax Levy $0.725 (cents)

The 2013-14 property tax levy was $0.699cents on real estate and $0.699 cents on personal

property.

A Motor Vehicle Tax of $0.538 (cents) and the three percent (3%) Utility Tax are also proposed.

The total certified value of property subject to school tax increased from $699,013,383 in

2013-14 to $713,786,036 in 2014-15 an increase of 2.26%. This includes $3,510,103 in new

property.

Any person wishing to make an expression should sign the sign in sheet (point to where it is

located) now, if you have not already done so.

[Turn the hearing back to the Board Chair.]

Board Chair Comments

The Board will now hear comments from the individuals who have signed up to comment on the

2013-14 proposed tax levy.

[Comments from the public]

Board Chair:

 

Thank you for your comments. The hearing is now adjourned.

III. ADJOURNMENT